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Why doesn't the NSA use their super computer to mine the rest of the bitcoins?
Wouldn't that pop the bubble? or couldn't it? one entitly owning 50% or more of the bitcoins, and no more available? Then they just sit on them......
I know little about bitcoins, however I just had that thought and saw this article (don't know the date on it) https://www.privateinternetaccess.co...at-to-bitcoin/ |
The ants have strength in numbers. Superior strength.
http://en.wikipedia.org/wiki/FLOPS Petaflops, hundreds of petaflops. ALL the super computers that exist working together don't beat out the ants in the rain. |
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conspiracy theory-
the nsa created/coordinates encyrption, including sha-256, the encryption that bitcoin is based on. http://en.wikipedia.org/wiki/SHA-2 that's far from meaning they can hack the encryption, over time though, encryptions have proven hackable so it is a matter of time IMO that sha-256 is hacked. however, sha-3 is on the horizon, pending authorization from nist. http://en.wikipedia.org/wiki/SHA-3 |
dyna mo they are going to upgrade the encryption in bitcoin over time.
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